What you need to know about the NHLPA alternative proposal

An point-form breakdown of the NHLPA alternative proposal submitted on August 14

On Tuesday,
the NHLPA submitted an alternative proposal to the owners that it
believes is fair to both the players and the owners, and also to the
fans, particularly in hockey markets that are having difficulties. We
believe it will allow the game to grow and will take us beyond the
labour issues that have plagued hockey for the last 20 years.

Key aspects of the proposal that were made public include:

Players
compensation would grow at fixed rates which would result in player
compensation being reduced by potentially more than $800 million over
the next three seasons (depending on revenue growth)

A significantly expanded and simplified revenue sharing system specifically designed to help clubs in need of assistance

Increased
flexibility for teams; will help GMs to put their teams together
including awarding extra draft picks for teams in difficulty, allowing
teams to trade dollars and players and in limited cases, allow for small
amount of teams to go over or under the salary cap

Under
the NHLPA proposal, at the end of three years, the players would have
an option for a fourth which would ‘snap-back’ to the current agreement.

In
essence, the players are proposing to partner with the financially
stronger NHL owners to bring stability to the industry and assist those
clubs that are less financially stable. In summary, the alternative
proposal seeks to fix the problems that exist, instead of focusing on
problems that don’t.